23 November, 2016

Nu-tility set to disrupt renewable energy for property sector

Nu-tility combines technologies, products and
 services, including energy audits, lighting
upgrades, energy storage and solar panel
 installations  to help clients reduce and
 manage their energy needs.
A new start-up backed by fund manager Impact Investment Group and run by two former investment bankers hopes to be the next Ernst & Young for the commercial and industrial property sector.

Nu-tility aims to be Australia's first fully integrated energy solutions provider, effectively a one-stop-shop for landlords or tenants looking to drive down building costs and carbon emissions.

Daniel Barber and co-founder Toby Greenane were inspired to start the business in 2014 after noticing the segmented approach to renewable energy solutions in the property sector and and lack of a full-service offering similar to what EY (formerly Ernst & Young) provides for corporate business.

"The concept that you would have so many siloed parts of an industry that don't talk to each other is ridiculous. Putting analysis, deployment and finance under the one roof seemed really obvious," Mr Barber said.

The pair combine technologies, products and services, including energy audits, lighting upgrades, energy storage and solar panel installations to help clients reduce and manage their energy needs.

Read Simon Johanson’s story in today’s Melbourne Age - “Nu-tility set to disrupt renewable energy for property sector.”

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